Governments and Economies Flashcards

1

Deals with jobs and how people earn a living.

2

This is the most common economic type in the world.

3

In this economy people are allowed to own businesses.

4

Democracy and Dictatorships both vote for their leaders. True or False?

5

The Government decides how much all goods cost.

6

People are not free in this government

7

Monarchy is ruled by...

8

What economy is guided by the laws of supply and demand?

9

The United States is a command economy.

10

In a mixed economy market economy is mixed with...

Governments and Economies